WILLIAM DONALD SCHAEFER, Governor

ACCOUNTANT WHO CERTIFIES IN WRITING TO THE NET WORTH OF THE
APPLICANT'S GRAIN BUSINESS.

(2) A TYPE C OR D LICENSE MAY NOT BE ISSUED OR
RENEWED UNDER THIS SUBTITLE UNTIL THE APPLICANT HAS:

(I) FILED WITH THE SECRETARY A FINANCIAL
STATEMENT REVIEWED BY A CERTIFIED PUBLIC ACCOUNTANT ESTABLISHING
THE NET WORTH OF THE APPLICANT'S BUSINESS AS PROVIDED IN
PARAGRAPH (3) OF THIS SUBSECTION; OR

(II) FILED WITH THE SECRETARY A LETTER FROM A
CERTIFIED PUBLIC ACCOUNTANT STATING THAT A REVIEW OF THE
APPLICANT'S BUSINESS RECORDS SHOWS A NET WORTH AS PROVIDED IN
PARAGRAPH (3) OF THIS SUBSECTION.

(3) THE FINANCIAL STATEMENT SHALL INDICATE A MINIMUM
NET WORTH FOR EACH TYPE OF GRAIN DEALER'S LICENSE AS FOLLOWS;

TYPE OF LICENSE                       MINIMUM AMOUNTS

A                                                $15,000

B                                                $35,000

C                                              $100,000

D                                              $100,000

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1987.

June 2, 1987
The Honorable Thomas V. Mike Miller
President of the Senate
State House
Annapolis, Maryland 21404

Dear Mr. President:

In accordance with Article II, Section 17 of the Maryland
Constitution, I have today vetoed Senate Bill 923.

This bill authorizes certain owners or lessees of amusement
rides or attractions to self-insure against liability for
injuries to persons using those rides or attractions.

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